Price Move History
- Daily moves over 5%
- 52 165 sessions, January 12, 2026 to September 11, 2026
- Largest daily move
- +28.6% close of August 12, 2026
Company Description
Metallium Ltd. (traded in the United States as American Depositary Receipts under the symbol MTLMY) is described as a U.S.-focused industrial technology company. According to the company, it is pioneering a low-carbon, high-efficiency approach to recovering critical and precious metals from mineral concentrates and high-grade waste streams. Metallium is associated with MTM Critical Metals Ltd. on the Australian Securities Exchange (ASX: MTM) and also trades on the OTCQX market.
The company states that its business centers on a patented technology known as Flash Joule Heating (FJH). This process is used to enable the extraction of high-value materials from various feedstocks. Metallium highlights that these materials include gallium, germanium, antimony, rare earth elements and gold. The feedstocks referenced by the company include refinery scrap, electronic waste (e-waste) and monazite, which are characterized as mineral concentrates and high-grade waste streams.
Metallium positions its technology as a way to recover critical and precious metals using a method it describes as low-carbon and highly efficient. By focusing on materials such as rare earth elements and other critical metals, the company aligns its activities with applications where secure and efficient access to these inputs can be important for industrial and technological uses. The emphasis on e-waste and other waste streams reflects a focus on extracting value from materials that might otherwise be discarded.
The company has also emphasized its focus on the United States in its capital-markets activities. Metallium has established a sponsored Level 1 American Depositary Receipts (ADR) program through the Bank of New York that trades on the OTCQX platform under the ticker MTLMY. Each ADR is described as a U.S. security denominated in U.S. dollars and represents 20 MTM ordinary Australian shares. The company characterizes the ADR program as non-dilutive and as providing direct access to MTM securities for American broker-dealers, institutional investors and retail investors.
According to the company, the ADRs are eligible for settlement through the Depository Trust Company (DTC) in the United States. Metallium has presented this program as a way to enhance its visibility in the U.S. capital market and broaden its shareholder base. The company links this capital-markets presence with what it describes as expanding U.S. operations, although detailed operational information beyond its technology focus and feedstock types is not provided in the available description.
Metallium’s activities, as described, sit at the intersection of industrial technology, materials recovery and critical metals. Its focus on Flash Joule Heating and on extracting metals such as gallium, germanium, antimony, rare earth elements and gold from refinery scrap, e-waste and monazite defines the core of its stated business model. Investors and observers who are interested in technologies for metal recovery, critical materials supply and processing of high-grade waste streams may look to Metallium’s disclosures and communications for further detail on how this technology is applied in practice.
Business focus and technology
The company identifies itself as an industrial technology business with a focus on low-carbon, high-efficiency metal recovery. Its patented Flash Joule Heating technology is central to this positioning. By applying this process to mineral concentrates and high-grade waste streams, Metallium aims to recover metals that are described as high-value and critical.
The explicit list of materials the company mentions includes:
- Gallium
- Germanium
- Antimony
- Rare earth elements
- Gold
The company also specifies that its feedstocks include:
- Refinery scrap
- E-waste (electronic waste)
- Monazite
These details define the scope of Metallium’s stated technology application and the types of materials and inputs it targets.
Capital-markets presence
Metallium is linked to MTM Critical Metals Ltd., which is listed on the Australian Securities Exchange under the symbol MTM. In the United States, the company has established a Level 1 sponsored ADR program with the Bank of New York, and these ADRs trade on the OTCQX platform under the ticker MTLMY. Each ADR represents 20 ordinary Australian shares of MTM, and the company describes this structure as non-dilutive.
The ADR program is presented as a way for American broker-dealers, institutional investors and retail investors to gain direct access to MTM securities in U.S. dollars. Metallium highlights that the ADRs are DTC-eligible, which relates to how these securities are held and settled in the U.S. market.
Positioning and focus
In its own statements, Metallium characterizes the establishment of the ADR program and its work toward broader U.S. listings as a natural evolution for a U.S.-focused industrial technology company. The company links its capital-markets strategy with its operational focus on the United States, though specific operational sites or detailed segment information are not provided in the available description.
Overall, Metallium’s publicly described identity combines:
- A focus on low-carbon, high-efficiency recovery of critical and precious metals
- Use of patented Flash Joule Heating technology
- Target metals such as gallium, germanium, antimony, rare earth elements and gold
- Feedstocks including refinery scrap, e-waste and monazite
- A capital-markets presence that includes an ASX listing (MTM) and a U.S. ADR program (MTLMY) on OTCQX
Further details on financial performance, specific customers, geographic operations beyond the stated U.S. focus, or competitive positioning are not contained in the provided information and would need to be obtained from the company’s own disclosures and regulatory filings where available.
Stock Performance
METALLIUM (MTLMY) closed at $4.98 on September 11, 2026. Over the past month, the price has lost 4.4%.
MTLMY Metrics & Rankings
Price returns through September 11, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
METALLIUM has 10 recent news articles. Of the recent coverage, 3 articles coincided with positive price movement and 7 with negative movement. Key topics include clinical trial. View all MTLMY news →
SEC Filings
Financial Highlights
Upcoming Events
Short Interest History
Short interest in METALLIUM (MTLMY) currently stands at 91.7 thousand shares, up 482.5% from the previous reporting period, representing 0.2% of the shares outstanding. Since January 2026, short interest has increased by 1557.4%.
Days to Cover History
Days to cover for METALLIUM (MTLMY) currently stands at 2.3 days, up 127% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 24% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 5.6 days.
MTLMY Company Profile & Sector Positioning
METALLIUM (MTLMY) operates in the Other Industrial Metals & Mining industry within the broader Basic Materials sector and is listed on the OTC.